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SMEV Simulated Environment Concepts Inc (PK)

0.007
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Simulated Environment Concepts Inc (PK) USOTC:SMEV OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.007 0.005 0.0078 0.00 12:15:39

SpaCapsule Manufacturer Enters Preferred Vendor Agreement With Prominent Women's Fitness Franchise

25/05/2011 1:30pm

PR Newswire (US)


Simulated Environment Co... (PK) (USOTC:SMEV)
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MIAMI, May 25, 2011 /PRNewswire/ -- Simulated Environment Concepts (SMEV.PK), the manufacturer and developer of medical, aesthetic, weight loss, wellness, and slimming equipment, announced today that the Company has signed a co-branding preferred vendor agreement with Elements for Women, a unique franchise offering Health Clubs and Weight Loss Centers for Women. With several locations around the country as well as Mexico and Canada, SE Concepts expects a long term and mutually rewarding relationship with the franchise.

"We are very happy that our product has become the equipment of choice for this rapidly growing Women's Fitness franchise," stated Dr. Ilya Spivak, Marketing Director of SE Concepts and Co-Inventor of the SpaCapsule. "The Weight Loss and Fitness industry is just one of the markets served by our product -- and has turned into a very large segment. With as much as $60 Billion spent yearly on weight loss in the United States alone, we are eager and ready to accommodate the growing demand of the market."

The Vendor agreement entitles the franchisees to place SpaCapsule units in their centers and offer slimming and weight loss services packages. This serves as an additional stream of revenue for the franchisee and added benefits for their customers. The Franchise is expected to expand to more locations in the coming months.

"While this is the first US based fitness franchise to have agreed to a preferred vendor's arrangement, it by no means is the only US fitness franchises who has expressed interest in the SpaCapsule.  We're expecting to enter many more fitness facilities within the next two years.   Perhaps initially women's fitness centers such as Curves due to the proven slimming and cellulite reduction benefits that women enjoy.  However, we're confident that both men and women looking to enhance their fitness regimen and performance will look to use the SpaCapsule at their local gym," concluded Dr. Spivak.

About Simulated Environment Concepts, Inc.

Simulated Environment Concepts, Inc. (SE Concepts) (SYMBOL: SMEV) is an industry leading manufacturer and developer of cutting edge medical, health and wellness equipment promoting relaxation, physical rehabilitation, weight loss, slimming and cellulite reduction. 

SE Concepts was established in 2000 by doctors dedicated to advancements in medical technology and aesthetics.  Its flagship product, SpaCapsule®, which is currently distributed in over 37 countries, is a robotic massage therapy system used for medical rehabilitation, relaxation, weight loss, slimming, cellulite management and general wellness. 

For more information on SE Concepts, SpaCapsule®, PTjetCapsule™ and Celude Laboratories™ products you can visit the company's product website at www.spacapsule.com, the corporate website at www.seccorporation.com, the corporate blog at http://www.spacapsule.wordpress.com, facebook at http://www.facebook.com/SpaCapsule or request more information via email at ir@spacapsule.com, or call at (888) 757-0797 or (305) 651-9200.

Contact:

Simulated Environment Concepts

Investor Relations Department

(888) 757-0797

SOURCE Simulated Environment Concepts

Copyright 2011 PR Newswire

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